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Skate.
Dump it Here
- Thread starter Skate
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Skate.
MovingAverage
Just a retail hack
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Thought I'd do a dump of the current live performance of my weekly system (not the Radge WTT). This is unit price and not actual equity, but shows performance of my live trades.
I'm happy to see the system has been consistently trending north since June and has now recovered all of March's losses and put on more and is up around 28-29% from the March lows. System is currently 25% invested with all current open positions in the green.
I'm happy to see the system has been consistently trending north since June and has now recovered all of March's losses and put on more and is up around 28-29% from the March lows. System is currently 25% invested with all current open positions in the green.
MovingAverage
Just a retail hack
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and now for the bad...here is the performance of my live EOD system.
It has had a great run for many years into March of this year. It came back on line early June but has really struggled to get any traction and went into further drawdown in August. It has started to recover the August drawdown but has a long way to recover from the March losses. It will be full invested tomorrow.
It has had a great run for many years into March of this year. It came back on line early June but has really struggled to get any traction and went into further drawdown in August. It has started to recover the August drawdown but has a long way to recover from the March losses. It will be full invested tomorrow.
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Skate.
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Skate.
This year has probably been brutal on many systems that have worked well for years.
I have a system that waits for the trend to be well established before buying and holds winning trades for 90+ bars. It's GTFO rule triggered in February and it's struggled to be profitable since then.
The completed trades have either been small profits or a loss. It just hasn't had any big wins yet but they are coming, some of the open trades are looking very good. The system still works and just needs time for the profitable trades to mature.
MovingAverage
Just a retail hack
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My EOD has definitely struggled but on the other hand my weekly has bounced back and is delivering a reasonable result. The point I was trying to highlight with my posts was the importance of trading multiple different strategies with minimal correlation. I don’t think and single system will perform well across all market conditions—up, down and sideways. It’s why I trade multiple systems that have minimal correlation and are suited to different market conditions.
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Skate.
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Skate.
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Skate.
Did any of the other happy cat followers have orders unfilled?
I had one order unfilled and another partially filled. I didn't think they (selfwealth) would partially fill an at limit order.
I know that a skates rule is that unfilled orders should be left alone, however following this rule will put me out of step with the program, which is not ideal. The plan is to try and buy in, hopefully in a pull back over the next day or two.
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It is harder to follow exact moves of the Happy Cat since Skate orders gets filled on Monday open and we if we decide to do the same we place the order for Tuesday when we get to know what are the positions
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Personally I recalculated offers using 3% rule on Mon close - seemed most consistent way to get as close as pragmatically possible. Didn't include an offer for DEG. Only my interpretation.....
Yes, I did the same.
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Remember, it's not your brokers decision, its the market depth and availablity.... partial or full... that's Mr Market.
Step to the front of the class for your knuckle rap....
It's a weekly system, there's no reason you can't leave a standing order in for the week.
Yes, it's breaking Skates rule, but Skates rule is generally intended only for not chasing the price higher.
If you are going to break the rule, change it up to suit your style, but don't abandon the intent the rule creates, as it's not your system.
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Remember, it's not your brokers decision, its the market depth and availablity.... partial or full... that's Mr Market.
Step to the front of the class for your knuckle rap....
It's a weekly system, there's no reason you can't leave a standing order in for the week.
Yes, it's breaking Skates rule, but Skates rule is generally intended only for not chasing the price higher.
If you are going to break the rule, change it up to suit your style, but don't abandon the intent the rule creates, as it's not your system.
Don't break the rules - never ever
1. Only buy positions that the strategy buys.
2. Add (-/+3%) to Monday's closing price to work out Tuesday's pre-auction assures the rules are being followed.
3. Only buy the position the strategy buys on Monday even if the price pulls back on a Tuesday.
4. Follow the signals without thinking will be the key to the profitability of this strategy (even when you are not in agreeance with the signals).
As system traders
We have one job & one job only & that is to follow the signals religiously without exception. I put a tremendous amount of work into my trading strategies & I'm confident all the hard work has been done. Buying a position (a delayed signal) in Tuesdays pre-auction will make little difference to the trading results over the longer term. In the shorter term, the position can be purchased a little higher or a little less but it will come out in the wash & not worth worrying about.
Footnote
Any purchase outside of the HappyCat Strategy means you will "never get a sell" as the position is not held by the HappyCat Strategy.
In a nutshell
DEG will never get a sell signal. The exit is the most important part of the strategy, it's where the money is made.
Skate.
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Rule #2.
Refer to rule number 1.
I was out of place with my previous conspiracy to break rules and regretted part of the post afterwards...
Right, nothing to see here, move along please.
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Me too, i.e. regret breaking the rules. I am slightly different in that my stock selection is more or less based on stock/company research. So when I buy a stock without doing the work first, usually end up regretting afterwards.Rule #2.
Refer to rule number 1.
I was out of place with my previous conspiracy to break rules and regretted part of the post afterwards...
Right, nothing to see here, move along please.
So you guys @frugal.rock, @Skate are spot on with regards to adhering to rules, whatever those rules a strategy is based on.
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Obviously, yet i missed the obvious and bought it....
To my excuse, it is a challenge with the move even to open a page or connect but things are improving
Will fix my mistake.
Otherwise,same as other followers: adding 2 to 3% to monday close based on rounding
Some orders not filled and lapsed
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